How would you like a credit card where you never have to pay a cent back⏤you can borrow as much as you like when you want⏤in fact when you run out of money, just ask for more!
This is exactly how the federal government runs their day to day operations. Congress continues to raise the debt ceiling, allowing the federal government to borrow more and more without ever paying it back. As the nation continues to pile on more debt, the future becomes more and more uncertain. Look at it this way⏤every American citizen owes a piece of that debt, to the tune of over $67,000. And if you want to confirm with a visual tool how much debt we as a nation are amassing, simply go to https://www.usdebtclock.org/ and see for yourself.
This is one argument you could say is a bipartisan effort! On the day that Barack Obama was sworn in on January 20, 2009—the debt was $10.626 trillion. When he left the White House in 2017, it was $19.947 trillion. Under President Obama, the national debt grew the most dollar-wise. George W. Bush: President Bush added $5.849 trillion, the second-greatest dollar amount. Is it time for another Tea Party? How is President Trump tackling the debt? Does he have a plan to bring this back in control?
The Tea Party took its name from the 1773 protests in the Boston harbor. The Tea Party became relevant again during the 2007–2010 recession and became a national conversation throughout the Obama Administration. Will there be a resurgence of the Tea Party in the upcoming elections? Michael Johns is the National co-founder and leader of the Tea Party Movement. A former White House speechwriter and a Policy Analyst with The Heritage Foundation.